Home Buyer’s Edge: Get Your Offer Accepted in 3 Simple Steps

A Full Credit Approval can be the difference between getting your offers rejected and finding your dream home in today’s competitive market. A Full Credit Approval goes beyond typical mortgage pre-qualifications and pre-approvals by offering a complete review of your income, assets, and credit by an experienced Underwriter.

What is Home Buyer’s Edge? 

Home Buyer’s Edge is LendGen’s full credit approval program. We give buyers the opportunity to have every aspect of their credit profile verified by a mortgage loan underwriter.

In the mortgage process, the underwriter is the final decision-maker for approval or denial, giving credit approvals a clear advantage over mortgage pre-qualifications and pre-approvals.

Pre-Qualifications vs. Pre-Approvals vs. Credit Approvals

Buyers have a few options when it comes to tackling the home-buying process. Below is an outline of each of those options, including their differences and how they can benefit you in today’s competitive market: 

Level 1: Pre-Qualification 

A pre-qualification is a verbal confirmation to your loan officer of your income, savings, and assets. Your loan officer will run your credit.

Level 2: Pre-Approval

A pre-approval consists of providing your loan officer with your pay stubs, bank statements, W2’s, and running your credit. 

Level 3: Credit Approval with Home Buyer’s Edge

A credit approval requires the same documentation as a pre-approval; however, an experienced underwriter will review your financial situation instead of your loan officer. As a result, the full credit approval is a complete, upfront vetting of your finances by the ultimate decision-maker. 

Verifying your income, assets, and credit proves that you’re a more qualified buyer, and you’ll have a competitive advantage over other bidders by providing the strongest offer.  

3 Steps to Getting Your Offer Accepted With Home Buyer’s Edge

Step 1: Complete Our Mobile Application

Step 2: Upload Your Documents

A full credit approval requires proof of the information on your loan application. Please provide us with the following documents: 

• Pay Stubs and W2’s
• Tax Returns
• Bank Statements
• Other documentation that may be relevant to your financial profile

Step 3: Get Verified

Our underwriters will verify your income, assets, and credit. Following this, we will issue you a fully-vetted credit approval that is subject to an appraisal. 

Don’t keep losing out on the home of your dreams. Contact your trusted LendGen loan officer today to get your credit approved under our Home Buyer’s Edge program and secure a competitive advantage today.